Individuals spend less on groceries than most other developed countries. Regrettably, we also spend more on unhealthy foods than vegetables and fruit.
Good news for nation
Compared with other developed countries, Individuals spend less cash on food every year. Still, the average American income is $50,000 per year, and that is not quite enough money to look after a typical family of four with pets.
In contrast to other countries, the U.S. is not looking too bad since the typical British family spends 9 percent of the annual outlay on food and the typical French family will spend 14 percent. Mother Jones points out that Individuals only spent six percent of the $32,051 yearly outlay for 2009. That adds up to $6,372 total on food for the year: $3,753 for food in the home and $2,619 for food from the home.
The cost of food in America decreasing for the past 30 years is the most important reason, according to the NPR article.
Michelle's thoughts
Recent Agency of Labor Statistics data indicates annual household expenditures on food have ticked up to around 8 percent of annual outlays. However, that is considerably less than the typical household in 1982, when food spending was closer to 13 percent.
During that time, the cost of most food groups has decreased; in some cases considerably. For instance, the cost of steak has dropped 30 percent, from $7 per pound in 1982 to $4.90 per pound in 2012. No meats have gone up in price. Only one fruit and one vegetable increased in price in that time, those being grapefruit and bell peppers, the costs of which increased by 6.5 percent and 34 percent, respectively.
You can certainly see changes in what individuals are spending most of their cash on now in contrast to 1982 though. Now, individuals spend about 21.5 percent of the budget on meats when it used to be 31.3 percent. Now, individuals spend 22.9 percent on processed foods and sweets when individuals used to spend 11.6 percent. Fruits and vegetable expenses have stayed almost the same though since they are now at 14.6 percent and they used to be 14.5 percent. Michelle Obama's plan to help children get healthier is well justified when you consider these statistics.
Thanks to subsidies
From 1995 to 2010, the agriculture industry has received $261.9 billion in subsidies. The amount of corn produced manufactured in America increased from 4 billion bushels to 12 billion bushels in that time. This is part of why we are paying less for groceries, according to Mother Jones.
The price of meat went up 8 percent in 2011, and the price of grain doubled. This just shows that costs are beginning to go up, according to Forbes.
Only about 15.8 percent of the money brought in from selling food goes to the farmer who produced it, which means farmers do not benefit from the low costs, according to the Department of Agriculture. The Daily Green points out that this means farmers need higher prices.
Good news for nation
Compared with other developed countries, Individuals spend less cash on food every year. Still, the average American income is $50,000 per year, and that is not quite enough money to look after a typical family of four with pets.
In contrast to other countries, the U.S. is not looking too bad since the typical British family spends 9 percent of the annual outlay on food and the typical French family will spend 14 percent. Mother Jones points out that Individuals only spent six percent of the $32,051 yearly outlay for 2009. That adds up to $6,372 total on food for the year: $3,753 for food in the home and $2,619 for food from the home.
The cost of food in America decreasing for the past 30 years is the most important reason, according to the NPR article.
Michelle's thoughts
Recent Agency of Labor Statistics data indicates annual household expenditures on food have ticked up to around 8 percent of annual outlays. However, that is considerably less than the typical household in 1982, when food spending was closer to 13 percent.
During that time, the cost of most food groups has decreased; in some cases considerably. For instance, the cost of steak has dropped 30 percent, from $7 per pound in 1982 to $4.90 per pound in 2012. No meats have gone up in price. Only one fruit and one vegetable increased in price in that time, those being grapefruit and bell peppers, the costs of which increased by 6.5 percent and 34 percent, respectively.
You can certainly see changes in what individuals are spending most of their cash on now in contrast to 1982 though. Now, individuals spend about 21.5 percent of the budget on meats when it used to be 31.3 percent. Now, individuals spend 22.9 percent on processed foods and sweets when individuals used to spend 11.6 percent. Fruits and vegetable expenses have stayed almost the same though since they are now at 14.6 percent and they used to be 14.5 percent. Michelle Obama's plan to help children get healthier is well justified when you consider these statistics.
Thanks to subsidies
From 1995 to 2010, the agriculture industry has received $261.9 billion in subsidies. The amount of corn produced manufactured in America increased from 4 billion bushels to 12 billion bushels in that time. This is part of why we are paying less for groceries, according to Mother Jones.
The price of meat went up 8 percent in 2011, and the price of grain doubled. This just shows that costs are beginning to go up, according to Forbes.
Only about 15.8 percent of the money brought in from selling food goes to the farmer who produced it, which means farmers do not benefit from the low costs, according to the Department of Agriculture. The Daily Green points out that this means farmers need higher prices.
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